“Insecurity is now the number one challenge to Africa’s development” – AfDB President, Akinwumi Adesina

President of the African Development Bank, Akinwumi Adesina has stated that insecurity is now the number one challenge to Africa’s development as it is now an economic issue.

In a series of tweets he shared, Adesina noted that there is need to ensure security stability in Africa as terrorism is shrinking it’s investment space.

Adesina also disclosed that Africa needs new financial instruments to protect and secure investments in countries and regions against rising insecurity.

In his words;

“Insecurity is now the number one challenge to Africa’s development. Terrorism is shrinking Africa’s investment space. Insecurity is no longer a political issue. Insecurity is an economic issue. We must no longer decouple security and development. We must ensure security stability in Africa. Africa needs new financial instruments to protect and secure investments in countries and regions against rising insecurity.